CleanSpark Key Executives

This section highlights CleanSpark's key executives, including their titles and compensation details.

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CleanSpark Earnings

This section highlights CleanSpark's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 08, 2025
Time: After Market
Est. EPS: $0.13
Status: Unconfirmed

Last Earnings Results

Date: February 06, 2025
EPS: $-0.07
Est. EPS: $-0.08
Revenue: $162.31M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q1 2025 2025-02-06 $-0.08 $-0.07
Read Transcript Q4 2024 2024-12-02 $-0.18 $-0.27
Read Transcript Q1 2024 2024-05-09 $0.06 $0.13
Read Transcript Q2 2024 2024-05-09 $0.06 $0.13
Read Transcript Q4 2023 2023-12-01 N/A N/A
Read Transcript Q3 2023 2023-08-09 $-0.17 $-0.12
Read Transcript Q2 2023 2023-05-11 N/A N/A
Read Transcript Q1 2023 2023-02-09 $-0.64 $-0.46

CleanSpark, Inc. (CLSK)

CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy assets. This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources; Canvas, a middleware for grid operators and aggregators to administrate load shifting programs; Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs; and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. In addition, it provides design, software development, and other technology-based consulting services; data center services, including rack space, power, and equipment; and various cloud services, such as virtual, virtual storage, and data backup services. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.

Technology Software - Application

$8.01

Stock Price

$2.25B

Market Cap

270

Employees

Henderson, NV

Location

Financial Statements

Access annual & quarterly financial statements for CleanSpark, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Revenue $378.97M $168.41M $131.52M $49.44M $10.03M
Cost of Revenue $165.52M $139.29M $41.23M $13.96M $7.91M
Gross Profit $213.45M $29.11M $90.29M $35.47M $2.12M
Gross Profit Ratio 56.32% 17.30% 68.65% 71.80% 21.15%
Research and Development Expenses $- $- $- $- $163.92K
General and Administrative Expenses $43.99M $31.69M $57.81M $38.92M $14.43M
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $43.99M $31.69M $57.81M $38.92M $14.43M
Other Expenses $318.50M $129.82M $49.04M $12.24M $2.67M
Operating Expenses $362.50M $161.51M $106.86M $51.16M $17.26M
Cost and Expenses $528.01M $299.45M $148.09M $65.13M $25.17M
Interest Income $8.55M $481.00K $190.54K $221.49K $308.80K
Interest Expense $2.46M $2.98M $1.08M $154.08K $10.45M
Depreciation and Amortization $154.61M $120.73M $49.16M $10.09M $2.88M
EBITDA $6.30M $-7.60M $10.15M $2.00M $-10.02M
EBITDA Ratio 1.66% -4.51% 25.07% -5.42% -122.07%
Operating Income $-149.04M $-131.04M $-16.07M $-15.69M $-15.14M
Operating Income Ratio -39.33% -77.81% -12.22% -31.74% -151.00%
Total Other Income Expenses Net $6.61M $-260.00K $-2.23M $165.32K $-8.20M
Income Before Tax $-142.43M $-131.30M $-40.09M $-21.81M $-23.35M
Income Before Tax Ratio -37.58% -77.97% -30.48% -44.12% -232.79%
Income Tax Expense $3.34M $857.00K $17.57M $698.86K $10.47M
Net Income $-145.78M $-136.59M $-57.66M $-22.51M $-33.82M
Net Income Ratio -38.47% -81.11% -43.84% -45.53% -337.19%
EPS $-0.67 $-1.33 $-1.35 $-0.76 $-3.54
EPS Diluted $-0.66 $-1.33 $-1.35 $-0.76 $-3.54
Weighted Average Shares Outstanding 211.27M 102.71M 42.61M 29.44M 9.55M
Weighted Average Shares Outstanding Diluted 216.86M 102.71M 42.61M 29.44M 9.55M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $162.31M $89.28M $104.11M $111.80M $73.79M $51.76M $45.38M $42.55M $27.82M $26.17M $31.03M $41.64M $41.24M $27.14M $11.92M $8.12M $2.26M $1.95M $3.44M $3.66M
Cost of Revenue $91.16M $81.95M $62.33M $83.31M $28.90M $46.16M $25.14M $22.08M $20.42M $16.63M $10.34M $12.13M $8.80M $7.24M $3.85M $1.54M $1.33M $1.18M $2.89M $2.95M
Gross Profit $71.15M $7.33M $41.78M $28.49M $44.89M $5.60M $20.24M $20.46M $7.40M $9.55M $20.69M $29.51M $32.44M $19.91M $8.07M $6.58M $924.68K $777.98K $544.74K $704.04K
Gross Profit Ratio 43.84% 8.20% 40.10% 25.50% 60.80% 10.80% 44.60% 48.10% 26.60% 36.50% 66.70% 70.90% 78.70% 73.30% 67.70% 81.10% 41.00% 39.80% 15.84% 19.25%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $39.29K $163.92K $- $-
General and Administrative Expenses $13.94M $15.78M $12.60M $25.85M $6.58M $9.77M $13.24M $17.83M $16.36M $21.30M $11.16M $14.63M $14.09M $10.67M $15.31M $6.96M $5.98M $7.68M $1.98M $2.30M
Selling and Marketing Expenses $- $- $- $-16.82M $- $- $- $- $- $- $- $- $- $1.73M $791.71K $337.39K $601.39K $108.87K $32.32K $-
Selling General and Administrative Expenses $13.94M $15.78M $12.60M $9.03M $6.58M $9.77M $13.24M $17.83M $16.36M $21.30M $11.16M $14.63M $14.09M $10.67M $15.31M $6.96M $5.98M $7.68M $1.98M $2.30M
Other Expenses $-152.77M $57.14M $278.25M $119.70M $9.80M $80.19M $33.14M $21.35M $19.33M $16.39M $14.81M $11.66M $7.70M $1.76K $1.44K $541.58K $49.92K $16.75T $20.00K $-
Operating Expenses $-138.83M $72.93M $308.01M $9.03M $16.38M $67.97M $35.09M $39.17M $35.69M $37.69M $25.98M $26.29M $21.79M $16.03M $18.96M $9.08M $7.09M $8.51M $2.69M $2.98M
Cost and Expenses $-47.67M $154.87M $353.19M $92.33M $45.27M $114.13M $60.23M $61.26M $56.10M $54.32M $36.32M $38.41M $30.58M $23.27M $22.81M $10.62M $8.43M $9.69M $5.58M $5.93M
Interest Income $1.48M $2.65M $2.64M $2.68M $586.00K $307.00K $52.00K $52.00K $70.00K $52.93K $52.35K $51.78K $33.47K $- $48.24K $54.48K $46.64K $- $- $-
Interest Expense $1.56M $898.00K $485.00K $526.00K $546.00K $600.00K $689.00K $799.00K $889.00K $702.87K $314.38K $9.58K $52.71K $- $18.89K $26.10K $46.64K $- $7.07M $1.89M
Depreciation and Amortization $66.23M $51.85M $40.73M $32.19M $29.89M $58.20M $21.89M $21.43M $19.41M $16.29M $14.88M $11.73M $7.76M $5.41M $3.75M $2.26M $1.12M $721.50K $756.52K $726.00K
EBITDA $323.80M $-9.59M $-204.53M $171.36M $59.03M $-9.73M $8.47M $4.06M $-10.19M $-24.07M $-1.74M $11.57M $22.30M $3.27M $-10.96M $9.66M $-6.03M $-6.34M $-1.44M $-1.60M
EBITDA Ratio 199.50% -10.74% -196.45% 46.20% 75.94% -7.46% 15.55% 6.34% -31.94% -44.72% 30.86% 36.61% 44.59% 45.96% -11.13% -117.78% -177.02% -358.81% -39.76% -42.26%
Operating Income $209.98M $-65.60M $-249.08M $19.47M $28.51M $-69.09M $-15.59M $-18.65M $-28.28M $-28.14M $-5.24M $3.33M $4.44M $-5.29M $-14.62M $-2.50M $-6.17M $-7.74M $-2.14M $-2.27M
Operating Income Ratio 129.37% -73.48% -239.25% 17.41% 38.64% -133.48% -34.34% -43.83% -101.67% -107.53% -16.87% 8.00% 10.75% -19.49% -122.68% -30.75% -273.31% -395.72% -62.34% -62.11%
Total Other Income Expenses Net $46.03M $3.26M $3.34M $1.21M $-1.20M $557.00K $1.47M $-680.00K $-1.60M $-496.18K $-920.08K $-2.97M $-825.25K $-75.59K $-2.06M $9.90M $-997.43K $672.51K $-6.41M $-3.54M
Income Before Tax $256.01M $-62.33M $-245.74M $138.33M $27.31M $-68.53M $-14.12M $-18.17M $-30.49M $-41.15M $-16.24M $-170.74K $14.49M $-5.37M $-16.68M $7.40M $-7.17M $-7.06M $-8.55M $-5.82M
Income Before Tax Ratio 157.73% -69.82% -236.04% 123.73% 37.01% -132.41% -31.11% -42.70% -109.59% -157.24% -52.33% -0.41% 35.12% -19.77% -139.95% 91.14% -317.49% -361.32% -248.68% -158.96%
Income Tax Expense $9.22M $-155.00K $-9.49M $11.60M $1.40M $857.00K $791.00K $294.00K $-1.46M $4.47M $13.10M $3.39M $52.71K $3.55M $5.78M $-9.36M $997.43K $-68.15K $7.09M $1.89M
Net Income $246.79M $-62.18M $-236.24M $126.73M $25.91M $-74.88M $-14.22M $-18.46M $-29.03M $-45.62M $-29.34M $-3.56M $14.17M $-5.37M $-16.68M $7.22M $-7.17M $-7.06M $-8.55M $-5.82M
Net Income Ratio 152.05% -69.65% -226.92% 113.36% 35.11% -144.67% -31.33% -43.39% -104.36% -174.31% -94.56% -8.56% 34.36% -19.77% -139.95% 88.95% -317.49% -361.32% -248.68% -158.96%
EPS $0.89 $-0.25 $-1.03 $0.59 $0.14 $-0.47 $-0.12 $-0.23 $-0.44 $-1.07 $-0.71 $-0.09 $0.35 $-0.16 $-0.49 $0.28 $-0.32 $-0.32 $-0.77 $-1.13
EPS Diluted $0.85 $-0.25 $-1.03 $0.58 $0.14 $-0.47 $-0.12 $-0.23 $-0.44 $-1.07 $-0.71 $-0.09 $0.35 $-0.16 $-0.49 $0.22 $-0.32 $-0.32 $-0.77 $-1.13
Weighted Average Shares Outstanding 284.55M 246.43M 228.64M 209.29M 178.81M 160.18M 114.84M 80.47M 66.40M 42.61M 41.28M 41.34M 40.28M 34.01M 34.01M 25.93M 22.15M 22.15M 11.11M 5.14M
Weighted Average Shares Outstanding Diluted 297.89M 251.00M 228.64M 212.10M 180.78M 160.18M 114.84M 80.47M 66.40M 42.61M 41.28M 41.34M 40.49M 34.01M 34.01M 32.70M 22.15M 22.15M 11.12M 5.14M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Cash and Cash Equivalents $121.22M $29.21M $20.46M $18.04M $3.13M
Short Term Investments $432.58M $56.97M $11.76M $24.36M $960.00K
Cash and Short Term Investments $553.80M $86.18M $32.22M $42.40M $4.09M
Net Receivables $138.75M $5.00K $27.03K $307.07K $1.05M
Inventory $- $809.00K $216.40K $2.67M $-4.08T
Other Current Assets $12.88M $15.18M $26.24M $42.01M $3.24M
Total Current Assets $705.43M $102.17M $50.78M $57.73M $8.25M
Property Plant Equipment Net $872.96M $641.04M $389.83M $227.04M $158.71K
Goodwill $8.04M $8.04M $- $19.05M $5.90M
Intangible Assets $3.04M $4.60M $6.49M $12.78M $8.03M
Goodwill and Intangible Assets $11.08M $12.65M $6.49M $31.83M $13.93M
Long Term Investments $- $- $-8.80M $- $-
Tax Assets $- $- $8.80M $- $-
Other Non-Current Assets $373.19M $5.72M $5.53M $875.54K $-14.09M
Total Non-Current Assets $1.26B $659.41M $401.85M $259.75M $14.09M
Other Assets $- $- $- $- $-
Total Assets $1.96B $761.58M $452.62M $317.47M $22.34M
Account Payables $82.99M $65.58M $24.66M $6.98M $4.53M
Short Term Debt $58.78M $7.30M $8.16M $517.93K $41.29K
Tax Payables $- $- $- $- $-
Deferred Revenue $- $- $- $296.96K $64.20K
Other Current Liabilities $46.11M $1.18M $1.22M $2.27M $750.00K
Total Current Liabilities $187.89M $74.06M $34.04M $10.06M $5.38M
Long Term Debt $997.00K $9.44M $14.06M $1.02M $531.17K
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $5.76M $857.00K $- $- $-
Other Non-Current Liabilities $7.18M $- $512.19K $674.78K $-
Total Non-Current Liabilities $13.93M $10.30M $14.57M $1.69M $531.17K
Other Liabilities $- $- $- $- $-
Total Liabilities $201.82M $84.35M $48.61M $11.76M $5.91M
Preferred Stock $- $2.00K $1.75K $1.75K $1.75K
Common Stock $- $160.00K $55.66K $37.39K $17.39K
Retained Earnings $- $-332.64M $-196.05M $-138.39M $-116.40M
Accumulated Other Comprehensive Income Loss $- $226.00K $110.11K $-5.39K $-
Other Total Stockholders Equity $1.76B $1.01B $599.90M $444.07M $132.81M
Total Stockholders Equity $1.76B $677.23M $404.01M $305.72M $16.43M
Total Equity $1.76B $677.23M $404.01M $305.72M $16.43M
Total Liabilities and Stockholders Equity $1.96B $761.58M $452.62M $317.47M $22.34M
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $1.96B $761.58M $452.62M $317.47M $22.34M
Total Investments $432.58M $56.97M $2.96M $24.36M $960.00K
Total Debt $59.78M $16.74M $22.22M $2.36M $572.46K
Net Debt $-61.44M $-12.47M $1.76M $-15.68M $-2.55M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $276.60M $121.22M $126.14M $323.05M $48.46M $29.21M $21.83M $10.35M $2.06M $20.46M $2.66M $1.70M $4.10M $18.04M $22.21M $157.27M $25.63M $3.13M $1.96M $4.51M
Short Term Investments $930.03M $432.58M $413.85M $358.76M $127.71M $56.97M $14.62M $5.93M $4.50M $11.76M $11.36M $17.84M $30.97M $24.36M $11.36M $6.89M $1.29M $960.00K $909.29K $958.74K
Cash and Short Term Investments $1.21B $553.80M $539.99M $681.82M $176.16M $86.18M $36.45M $16.28M $6.56M $32.22M $14.02M $19.53M $35.07M $42.40M $33.57M $164.17M $26.93M $4.09M $2.87M $5.47M
Net Receivables $- $138.75M $46.16M $- $- $5.00K $100.00K $47.00K $30.00K $27.03K $102.78K $6.84M $4.62M $307.07K $2.34M $1.76M $1.63M $1.05M $1.74M $1.45M
Inventory $- $- $1.54M $991.00K $732.00K $809.00K $1.04M $746.00K $392.00K $216.40K $- $1.26M $1.43M $2.67M $4.04M $856.10K $276.75K $247.50K $1 $-
Other Current Assets $18.64M $12.88M $15.72M $365.94M $4.81M $15.18M $15.11M $15.83M $14.20M $26.24M $15.33M $14.33M $17.56M $42.01M $11.90M $11.68M $4.48M $3.24M $2.61M $1.42M
Total Current Assets $1.23B $705.43M $598.84M $687.77M $181.71M $102.17M $52.70M $32.91M $21.19M $50.78M $29.45M $41.96M $58.68M $57.73M $51.85M $178.46M $33.31M $8.25M $7.22M $8.33M
Property Plant Equipment Net $1.26B $1.23B $855.81M $832.05M $663.18M $565.08M $483.16M $445.65M $446.07M $389.83M $355.33M $347.59M $325.61M $227.04M $191.17M $61.06M $7.35M $158.71K $182.17K $207.45K
Goodwill $135.25M $8.04M $8.04M $8.04M $8.04M $8.04M $8.04M $8.04M $8.04M $- $12.05M $19.05M $19.05M $19.05M $31.80M $32.03M $20.11M $5.90M $5.56M $5.56M
Intangible Assets $5.95M $3.04M $3.58M $3.74M $4.09M $4.60M $5.12M $5.70M $6.21M $6.49M $6.81M $10.26M $11.47M $12.78M $16.24M $18.23M $14.58M $8.03M $7.66M $8.39M
Goodwill and Intangible Assets $141.20M $11.08M $11.62M $11.78M $12.13M $12.65M $13.16M $13.74M $14.26M $6.49M $18.86M $29.31M $30.52M $31.83M $48.04M $50.26M $34.69M $13.93M $13.23M $13.95M
Long Term Investments $- $- $- $-13.85M $-2.26M $-857.00K $- $- $-2.82M $-8.80M $- $- $- $- $- $- $-199.17K $1.16M $- $-
Tax Assets $- $- $- $13.85M $2.26M $857.00K $- $- $2.82M $8.80M $- $- $- $- $- $- $199.17K $- $- $-
Other Non-Current Assets $152.54M $13.33M $9.31M $5.72M $5.72M $81.68M $103.79M $39.25M $5.27M $5.53M $7.43M $5.94M $3.33M $875.54K $6.43M $2.83M $2.83M $-1.16M $- $-
Total Non-Current Assets $1.55B $1.26B $876.74M $849.54M $681.03M $659.41M $600.10M $498.65M $465.60M $401.85M $381.61M $382.84M $359.46M $259.75M $245.64M $114.15M $44.87M $14.09M $13.41M $14.16M
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $2.78B $1.96B $1.48B $1.54B $862.73M $761.58M $652.80M $531.55M $486.79M $452.62M $411.06M $424.80M $418.14M $317.47M $297.49M $292.61M $78.17M $22.34M $20.63M $22.49M
Account Payables $27.62M $82.99M $56.49M $43.63M $33.41M $65.58M $29.63M $31.33M $27.93M $24.66M $13.00M $21.39M $20.24M $6.98M $9.94M $2.95M $2.94M $4.53M $1.37M $3.12M
Short Term Debt $7.21M $58.78M $10.11M $7.92M $7.96M $7.61M $7.80M $7.92M $8.46M $8.16M $5.96M $1.33M $1.26M $517.93K $843.45K $1.89M $1.69M $41.29K $106.00K $886.53K
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $- $2.84M $579.00K $- $- $- $- $- $- $188.93K $386.74K $296.96K $596.87K $551.98K $63.60K $64.20K $149.49K $590.24K
Other Current Liabilities $61.84M $46.11M $390.00K $3.48M $1.01M $864.00K $-14.00K $2.03M $5.21M $1.22M $1.03M $-331.98K $602.03K $2.27M $528.28K $1.95M $-940.33K $750.00K $-33.00K $20.00K
Total Current Liabilities $96.68M $187.89M $66.98M $55.03M $42.39M $74.06M $37.42M $41.28M $41.60M $34.04M $19.99M $22.58M $22.48M $10.06M $11.91M $7.34M $4.59M $5.38M $1.59M $4.62M
Long Term Debt $- $8.17M $2.04M $5.52M $7.52M $9.44M $11.35M $15.96M $17.68M $14.06M $14.21M $1.30M $1.59M $1.02M $1.01M $718.36K $1.54M $531.17K $681.17K $5.27M
Deferred Revenue Non-Current $- $- $- $-18.51M $-8.83M $-9.77M $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $14.98M $5.76M $4.36M $13.85M $2.26M $857.00K $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $646.05M $- $- $- $- $- $382.00K $426.00K $469.00K $512.19K $- $- $- $674.78K $2.78M $833.33K $- $- $- $-
Total Non-Current Liabilities $661.03M $13.93M $6.39M $19.37M $9.78M $10.30M $11.73M $16.39M $18.15M $14.57M $14.21M $1.30M $1.59M $1.69M $3.78M $1.55M $1.54M $531.17K $681.17K $5.27M
Other Liabilities $- $- $- $1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $757.71M $201.82M $73.38M $74.40M $52.17M $84.35M $49.16M $57.67M $59.75M $48.61M $34.19M $23.88M $24.07M $11.76M $15.69M $8.89M $6.14M $5.91M $2.27M $9.89M
Preferred Stock $- $3.00K $2.00K $2.00K $2.00K $2.00K $2.00K $2.00K $2.00K $1.75K $1.75K $1.75K $1.75K $1.75K $1.75K $1.75K $1.75K $1.75K $1.75K $1.75K
Common Stock $- $271.00K $236.00K $225.00K $186.00K $160.00K $132.00K $97.00K $72.00K $55.66K $41.30K $41.29K $41.48K $37.39K $34.70K $33.87K $24.07K $17.39K $16.12K $5.75K
Retained Earnings $- $-479.22M $-415.48M $-179.24M $-303.13M $-332.64M $-257.76M $-243.54M $-225.09M $-196.05M $-153.75M $-124.41M $-124.22M $-138.39M $-133.02M $-116.35M $-123.57M $-116.40M $-109.34M $-100.79M
Accumulated Other Comprehensive Income Loss $- $- $312.00K $284.00K $255.00K $226.00K $196.00K $168.00K $139.00K $110.11K $70.00K $41.20K $12.72K $-5.39K $-0 $400.07M $-399.37K $-175.56K $-194.09K $-186.51K
Other Total Stockholders Equity $2.02B $2.24B $1.82B $1.64B $1.11B $1.01B $861.08M $717.16M $651.91M $599.90M $530.51M $525.25M $518.24M $444.07M $414.78M $400.03M $195.58M $132.81M $127.68M $113.38M
Total Stockholders Equity $2.02B $1.76B $1.40B $1.46B $810.56M $677.23M $603.65M $473.88M $427.04M $404.01M $376.87M $400.92M $394.08M $305.72M $281.80M $283.72M $72.04M $16.43M $18.36M $12.60M
Total Equity $2.02B $1.76B $1.40B $1.46B $810.56M $677.23M $603.65M $473.88M $427.04M $404.01M $376.87M $400.92M $394.08M $305.72M $281.80M $283.72M $72.04M $16.43M $18.36M $12.60M
Total Liabilities and Stockholders Equity $2.78B $1.96B $1.48B $1.54B $862.73M $761.58M $652.80M $531.55M $486.79M $452.62M $411.06M $424.80M $418.14M $317.47M $297.49M $292.61M $78.17M $22.34M $20.63M $22.49M
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $2.78B $1.96B $1.48B $1.54B $862.73M $761.58M $652.80M $531.55M $486.79M $452.62M $411.06M $424.80M $418.14M $317.47M $297.49M $292.61M $78.17M $22.34M $20.63M $22.49M
Total Investments $930.03M $432.58M $413.85M $358.76M $127.71M $56.97M $14.62M $5.93M $1.69M $2.96M $11.36M $17.84M $30.97M $24.36M $11.36M $6.89M $1.09M $2.12M $909.29K $958.74K
Total Debt $7.21M $66.95M $11.92M $13.44M $15.21M $16.74M $18.79M $23.55M $25.67M $22.22M $20.16M $1.97M $2.22M $2.36M $1.43M $1.67M $2.39M $572.46K $734.17K $6.16M
Net Debt $-269.38M $-54.27M $-114.22M $-309.62M $-33.24M $-12.47M $-3.04M $13.20M $23.61M $1.76M $17.50M $273.58K $-1.89M $-15.68M $-20.78M $-155.61M $-23.24M $-2.55M $-1.22M $1.65M

Annual Cash Flow

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Net Income $-145.78M $-132.16M $-40.09M $-21.81M $-23.35M
Depreciation and Amortization $154.61M $120.73M $49.04M $12.24M $2.88M
Deferred Income Tax $- $857.00K $- $6.53M $-2.20M
Stock Based Compensation $29.55M $24.14M $31.47M $8.55M $2.05M
Change in Working Capital $16.53M $-59.85M $12.90M $-41.47M $2.91M
Accounts Receivables $- $-108.00K $-530.31K $-2.01M $-209.23K
Inventory $- $-593.00K $-136.59K $-2.24M $137.54K
Accounts Payables $- $7.67M $16.04M $5.01M $3.42M
Other Working Capital $16.53M $-66.83M $-2.47M $-42.23M $-435.20K
Other Non Cash Items $-288.58M $15.89M $18.12M $534.15K $11.06M
Net Cash Provided by Operating Activities $-233.66M $-30.39M $71.44M $-35.43M $-6.64M
Investments in Property Plant and Equipment $-806.40M $-302.31M $-190.69M $-228.58M $-119.82K
Acquisitions Net $-97.65M $-31.91M $-23.80M $-954.35K $-1.51M
Purchases of Investments $- $- $-225.00K $- $-750.00K
Sales Maturities of Investments $43.13M $- $9.59K $373.12K $84.92K
Other Investing Activities $-59.48M $2.28M $3.72M $11.44M $-84.92K
Net Cash Used for Investing Activities $-920.40M $-331.93M $-210.98M $-217.71M $-2.38M
Debt Repayment $42.64M $-12.83M $16.84M $-6.17M $313.70K
Common Stock Issued $1.23B $383.78M $125.05M $270.66M $4.00M
Common Stock Repurchased $- $- $- $- $-
Dividends Paid $-3.42M $-21.00K $-314.61K $-177.50K $-
Other Financing Activities $-21.93M $150.00K $385.51K $3.75M $-
Net Cash Used Provided by Financing Activities $1.25B $371.07M $141.96M $268.06M $4.31M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $95.06M $8.75M $2.42M $14.91M $-4.71M
Cash at End of Period $124.28M $29.21M $20.46M $18.04M $3.13M
Cash at Beginning of Period $29.21M $20.46M $18.04M $3.13M $7.84M
Operating Cash Flow $-233.66M $-30.39M $71.44M $-35.43M $-6.64M
Capital Expenditure $-806.40M $-302.31M $-190.69M $-228.58M $-119.82K
Free Cash Flow $-1.04B $-332.70M $-119.25M $-264.01M $-6.76M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $246.79M $-62.18M $-236.24M $126.73M $25.91M $-69.39M $-14.12M $-18.17M $-30.49M $-25.06M $-29.34M $-170.74K $14.49M $-5.37M $-16.68M $7.40M $-7.17M $-7.06M $-8.55M $-5.82M
Depreciation and Amortization $66.23M $51.85M $40.73M $32.19M $29.89M $58.20M $21.85M $21.35M $19.33M $14.10M $15.58M $11.66M $7.70M $5.09M $3.76M $2.26M $1.13M $721.50K $756.52K $726.00K
Deferred Income Tax $- $- $- $11.60M $1.40M $7.88M $1.21M $- $-30.49M $- $- $- $-3.79M $9.31M $2 $- $- $-604.37K $-611.34K $1.65M
Stock Based Compensation $3.02M $6.86M $2.95M $9.80M $9.95M $6.57M $5.95M $5.74M $5.88M $13.95M $5.21M $6.55M $5.75M $-52.32K $3.40M $849.01K $4.35M $881.60K $261.43K $273.93K
Change in Working Capital $-18.08M $295.79M $1.04M $5.00M $787.00K $61.47M $-120.43M $-1.53M $8.31M $19.60M $72.85M $-34.24M $-45.30M $-21.15M $-8.40M $-5.74M $-6.19M $1.06M $-293.14K $1.28M
Accounts Receivables $- $- $- $- $5.00K $130.00K $-113.00K $-52.00K $-73.00K $1.28M $2.15M $-1.96M $-2.00M $-712.94K $-1.41M $577.48K $-463.20K $709.65K $-330.65K $-658.44K
Inventory $- $- $- $-259.00K $77.00K $228.00K $-292.00K $-353.00K $-176.00K $-968.35K $-663.57K $254.69K $1.24M $1.74M $-3.18M $-517.20K $-276.75K $276.75K $182.99K $125.91K
Accounts Payables $- $- $- $6.47M $-8.26M $4.41M $-1.70M $1.94M $3.27M $16.95M $-7.09M $11.00M $-911.85K $1.31M $6.59M $-523.74K $-2.37M $1.07M $295.27K $1.83M
Other Working Capital $-18.08M $295.79M $1.04M $-1.21M $8.96M $56.70M $-118.33M $-3.06M $5.30M $2.33M $78.45M $-32.53M $-43.63M $-23.48M $-10.39M $-5.27M $-3.08M $-990.69K $-440.75K $-20.59K
Other Non Cash Items $-417.41M $-375.01M $123.49M $-48.47M $-34.18M $-108.67M $107.22M $-634.00K $32.57M $-3.62M $21.72M $3.62M $193.10K $372.11K $5.97M $-9.63M $1.04M $2.04M $6.02M $1.51M
Net Cash Provided by Operating Activities $-119.45M $-82.69M $-68.04M $68.89M $33.75M $-43.94M $1.67M $6.76M $5.12M $18.96M $86.03M $-12.58M $-20.97M $-11.80M $-11.94M $-4.85M $-6.83M $-2.96M $-2.42M $-377.67K
Investments in Property Plant and Equipment $-57.36M $-753.11M $- $-15.48M $-27.50M $-258.24M $-22.30M $-16.82M $-4.95M $-158.59M $-3.19M $-5.54M $-23.38M $-35.75M $-180.94M $-9.04M $-2.85M $-4.11K $-5.88K $-100.39K
Acquisitions Net $- $-98.44M $-25.93M $-23.34M $48.35M $31.91M $-9.39M $- $-22.52M $-26.67M $-2.86M $2.87M $- $201 $- $-1.00M $45.78K $288.19K $-660.00K $-1.14M
Purchases of Investments $- $- $- $-159.99M $-48.86M $-31.88M $-96.27M $-37.70M $-31.54M $-225.00K $-1.00K $1.00K $- $- $45.49M $-45.49M $2.83M $250.00K $- $-250.00K
Sales Maturities of Investments $- $323.00K $- $68.00K $43.54M $-29.00K $96.27M $- $29.00K $3.49M $1.00K $-1.00K $9.59K $191.08K $-2.24M $2.05M $375.89K $-1 $- $-
Other Investing Activities $-198.59M $434.53M $-246.20M $-160.50M $-48.35M $165.33M $-96.27M $-61.00K $2.49M $124.51M $-96.76M $12.02M $-36.67M $8.94M $2.50M $-43.44M $-2.83M $-250.00K $-660.00K $-1.14M
Net Cash Used for Investing Activities $-255.95M $-416.70M $-272.13M $-198.75M $-32.82M $-92.91M $-127.95M $-54.58M $-56.49M $-57.49M $-102.82M $9.36M $-60.04M $-26.62M $-135.19M $-53.48M $-2.43M $284.08K $-665.88K $-1.49M
Debt Repayment $583.51M $48.05M $-1.86M $-1.81M $-1.74M $-2.02M $-218.00K $-2.06M $-8.37M $-440.77K $-1.05M $-276.00K $-92.00K $-124.20K $-181.47K $-390.48K $-5.47M $-150.00K $531.17K $-
Common Stock Issued $186.81M $451.79M $150.97M $529.74M $99.37M $146.26M $133.88M $58.16M $41.34M $57.06M $201.01K $-6 $67.99M $34.53M $11.86M $187.21M $37.05M $4.00M $- $-
Common Stock Repurchased $-145.00M $5.53M $- $- $-5.53M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Dividends Paid $- $- $-2.84M $-579.00K $- $- $-21.00K $- $- $-1 $-314.61K $- $-314.61K $-177.50K $- $- $- $- $- $-
Other Financing Activities $-94.19M $-5.35M $133.00K $-11.10M $-10.99M $146.26M $4.13M $- $- $-295.68K $18.59M $198.00K $563.59K $19.37K $385.00K $3.15M $192.66K $- $- $-
Net Cash Used Provided by Financing Activities $531.13M $494.50M $146.28M $516.25M $92.09M $144.23M $137.77M $56.10M $32.97M $56.32M $17.54M $-78.23K $68.18M $34.25M $12.06M $189.98M $31.77M $3.85M $531.17K $-
Effect of Forex Changes on Cash $- $- $- $- $-165.47M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $155.73M $-4.89M $-193.89M $274.59M $19.24M $7.38M $11.49M $8.28M $-18.40M $17.80M $748.74K $-3.30M $-12.83M $-4.17M $-135.06M $131.64M $22.51M $1.17M $-2.55M $-1.87M
Cash at End of Period $280.01M $124.28M $129.16M $323.05M $48.46M $29.21M $21.83M $10.35M $2.06M $20.46M $2.66M $1.91M $5.21M $18.04M $22.21M $157.27M $25.63M $3.13M $1.96M $4.51M
Cash at Beginning of Period $124.28M $129.16M $323.05M $48.46M $29.21M $21.83M $10.35M $2.06M $20.46M $2.66M $1.91M $5.21M $18.04M $22.21M $157.27M $25.63M $3.13M $1.96M $4.51M $6.38M
Operating Cash Flow $-119.45M $-82.69M $-68.04M $68.89M $33.75M $-43.94M $1.67M $6.76M $5.12M $18.96M $86.03M $-12.58M $-20.97M $-11.80M $-11.94M $-4.85M $-6.83M $-2.96M $-2.42M $-377.67K
Capital Expenditure $-57.36M $-753.11M $-10.30M $-15.48M $-27.50M $-258.24M $-22.30M $-16.82M $-4.95M $-158.59M $-3.19M $-5.54M $-23.38M $-35.75M $-180.94M $-9.04M $-2.85M $-4.11K $-5.88K $-100.39K
Free Cash Flow $-176.81M $-835.79M $-78.34M $53.41M $6.25M $-302.18M $-20.62M $-10.05M $162.00K $-139.62M $82.84M $-18.12M $-44.35M $-47.55M $-192.88M $-13.89M $-9.68M $-2.97M $-2.42M $-478.06K

CleanSpark Dividends

Explore CleanSpark's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

0.17%

Dividend Payout Ratio

-2.35%

Dividend Paid & Capex Coverage Ratio

-0.29x

CleanSpark Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.12 $0.12 June 21, 2021

CleanSpark News

Read the latest news about CleanSpark, including recent articles, headlines, and updates.

Why CleanSpark (CLSK) Outpaced the Stock Market Today

The latest trading day saw CleanSpark (CLSK) settling at $8.12, representing a +1.88% change from its previous close.

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CleanSpark Set to Join the S&P SmallCap 600® Index

LAS VEGAS , March 10, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced it will join the S&P SmallCap 600 index, effective prior to the open of trading on Monday, March 24, 2025. The S&P SmallCap 600 Index seeks to measure the small-cap segment of the U.S. equity market.

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Cleanspark, Inc. (CLSK) is Attracting Investor Attention: Here is What You Should Know

Recently, Zacks.com users have been paying close attention to CleanSpark (CLSK). This makes it worthwhile to examine what the stock has in store.

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CleanSpark Releases February 2025 Bitcoin Mining Update

Mines 624 bitcoin in twenty-eight-day February  Increases Bitcoin treasury by nearly 6% month over month to 11,177  LAS VEGAS , March 5, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited bitcoin mining and operations update for the month ending February 28, 2025.  "February demonstrated the value of our pure play Bitcoin mining strategy.

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CleanSpark: Fleet Efficiency Drives Higher Bitcoin Yield

CleanSpark, a bitcoin mining company with a $2.95 billion market cap, transitioned from clean energy to bitcoin mining in December 2020. As of January, CleanSpark owns 10,556 bitcoins and has 873 MW under contract, showcasing strong growth since 2020. CleanSpark leads in several financial metrics which make it an attractive investment among peers.

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Cleanspark, Inc. (CLSK) Is a Trending Stock: Facts to Know Before Betting on It

CleanSpark (CLSK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

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CleanSpark's Attractive Valuation And Bitcoin Stack Makes It A Buy, Analyst Says

Needham analyst John Todaro initiated coverage on CleanSpark Inc CLSK with a Buy rating and announced a Price Forecast of $20.00.

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Can CleanSpark (CLSK) Run Higher on Rising Earnings Estimates?

CleanSpark (CLSK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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CleanSpark (CLSK) Recently Broke Out Above the 20-Day Moving Average

After reaching an important support level, CleanSpark (CLSK) could be a good stock pick from a technical perspective. CLSK surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

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CleanSpark (CLSK) Recently Broke Out Above the 50-Day Moving Average

From a technical perspective, CleanSpark (CLSK) is looking like an interesting pick, as it just reached a key level of support. CLSK recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

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CleanSpark's Q1 Results Strengthen The Bull Case

CleanSpark's Q1 results reinforce the bull case, with strong revenue, low mining costs, and improving efficiency, justifying a Strong Buy rating despite recent stock volatility. The company is scaling efficiently, achieving 40 EH/s ahead of schedule, aiming for 50 EH/s by Q2, and maintaining a robust balance sheet. CleanSpark's strategy of mining and holding Bitcoin offers dual paths to capital appreciation, but risks include rising mining difficulty and Bitcoin price volatility.

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CleanSpark, Inc. (CLSK) Q1 2025 Earnings Conference Call Transcript

CleanSpark, Inc. (NASDAQ:CLSK ) Q1 2025 Earnings Conference Call February 6, 2025 4:30 PM ET Company Participants Barbara Domingo - IR Zach Bradford - CEO Gary Vecchiarelli - CFO Conference Call Participants Mike Colonnese - H.C. Wainwright Brian Dobson - Clear Street Brett Knoblauch - Cantor Fitzgerald Tyler DiMatteo - BTIG Stephen Glagola - JonesTrading Bill Papanastasiou - KBW Greg Lewis - BTIG Operator Good afternoon.

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CleanSpark Is A High Conviction Name In Bitcoin Mining Sector: Analyst

H.C. Wainwright analyst Mike Colonnese reiterated the Buy rating on CleanSpark, Inc. CLSK, with a price forecast of $27.

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Wall Street Analysts Believe CleanSpark (CLSK) Could Rally 125.72%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 125.7% in CleanSpark (CLSK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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CleanSpark (CLSK) Reports Q1 Loss, Tops Revenue Estimates

CleanSpark (CLSK) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.02 per share a year ago.

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CleanSpark Reports Fiscal Year First Quarter 2025 Results

$162.3M quarterly revenue, up 120% from prior year $241.7M quarterly net income and basic EPS of $0.85 Marginal cost per coin decreases 6% to ~$34,000 at owned facilities LAS VEGAS , Feb. 6, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the quarter ended December 31, 2024. "This quarter we saw the impact of continuous improvements across what we believe to be the most important industry metrics: operating hashrate, fleet efficiency, marginal cost to mine, bitcoin treasury, and portfolio uptime," said CleanSpark CEO Zach Bradford.

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CleanSpark Releases January 2025 Bitcoin Mining Update

626 bitcoin mined and 40 EH/s surpassed in operating hashrate More than 8% fleet efficiency improvement month over month LAS VEGAS , Feb. 4, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited bitcoin mining and operations update for the month ending January 31, 2025. "CleanSpark powered through January, continuing to improve efficiency and reach new milestones despite historic weather events across several of our regions.

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CleanSpark (CLSK) Ascends While Market Falls: Some Facts to Note

CleanSpark (CLSK) closed at $10.59 in the latest trading session, marking a +1.44% move from the prior day.

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CleanSpark Executives to Discuss Fiscal Q1 2025 Financial Results

LAS VEGAS , Feb. 3, 2025 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner®, will discuss its fiscal first quarter 2025 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m.

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Bitcoin miners try to rebound from choppy market

CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.

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CleanSpark (CLSK) Is Considered a Good Investment by Brokers: Is That True?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

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Investors Heavily Search Cleanspark, Inc. (CLSK): Here is What You Need to Know

CleanSpark (CLSK) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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CleanSpark (CLSK) Beats Stock Market Upswing: What Investors Need to Know

In the latest trading session, CleanSpark (CLSK) closed at $11.14, marking a +1.64% move from the previous day.

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CleanSpark Shares Rise 35% in a Year: Should You Buy, Sell or Hold?

CLSK's expansions and Bitcoin mining success drive its stock price, but market volatility and valuation concerns pose headwinds.

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MARA Holdings: Second-Largest Bitcoin Company Trades At Deep Value

MARA Holdings: Second-Largest Bitcoin Company Trades At Deep Value

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2 Renewable Energy Stocks to Buy in 2025 and Hold for Decades

Many renewable energy stocks were crushed over the past few years as inflation, rising interest rates, and other macro headwinds caused many government agencies and companies to curb their spending on big green energy projects. However, as the macro environment stabilizes, some of those stocks could soar higher.

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CleanSpark (CLSK) Flat As Market Sinks: What You Should Know

In the latest trading session, CleanSpark (CLSK) closed at $10.09, marking no change from the previous day.

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Is It Worth Investing in CleanSpark (CLSK) Based on Wall Street's Bullish Views?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

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CleanSpark: Buy The Dip In This Undervalued Bitcoin Miner

CleanSpark, a major Bitcoin miner, has seen a flat share price over the past year despite a ~2x jump in Bitcoin prices. The company is trading close to book value (assuming current Bitcoin prices hold), and has massive earnings power for FY25. With a cost of ~$36,250 per coin mined, CleanSpark effectively has a 60%+ gross margin, assuming Bitcoin prices hold around ~$100k.

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Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?

Crypto ETFs rallied as Bitcoin hit a $108,000 milestone in December but have fallen with the digital asset in 2025. The post Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now?

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BITF

Price: $1.08

Market Cap: $482.80M

Bit Digital, Inc.

BTBT

Price: $2.42

Market Cap: $371.49M

Cipher Mining Inc.

CIFR

Price: $3.06

Market Cap: $1.11B

HIVE Blockchain Technologies Ltd.

HIVE

Price: $1.68

Market Cap: $265.60M

Hut 8 Mining Corp.

HUT

Price: $12.93

Market Cap: $1.34B

Iris Energy Limited

IREN

Price: $7.20

Market Cap: $1.57B

Marathon Digital Holdings, Inc.

MARA

Price: $12.53

Market Cap: $4.33B

Riot Blockchain, Inc.

RIOT

Price: $7.78

Market Cap: $2.72B

Stronghold Digital Mining, Inc.

SDIG

Price: $2.81

Market Cap: $42.03M

TeraWulf Inc.

WULF

Price: $3.30

Market Cap: $1.26B

Related Metrics

Explore detailed financial metrics and analysis for CLSK.